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Unemployment jumps to 10.6 pct in Q1 - highest in two years
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Q1 GDP growth slows to 0.2 pct QoQ as investments drop
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OECD's latest outlook sees stable growth, rising inflation
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PMI improves in May as manufacturers struggle with effects of Iran war
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Deposits fall marginally in April as rise for households offsets business drop
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Lending to corporates drives credit drop of 6.8 pct YoY in Apr
IMF sees 2024 growth at 2 pct, debt on downward trend due to high primary surpluses
![Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]](resources/toolip/img-thumb/2014/08/11/imf_439_1108-large.jpg "Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]")
During the Spring meetings held by the International Monetary Fund and the World Bank in Washington this week, the IMF presented its latest global estimates as part of the World Economic Outlook and the Fiscal Monitor.
The IMF left its growth outlook for Greece unchanged, seeing the economy growing by 2 pct in 2024, the same estimate as in October’s WEO. Next year’s growth is also broadly unchanged, with the growth estimate at 1.9 pct.
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